Board of Directors

• Bob Wigley

  Non-executive Chairman, aged 49

  

  Bob is Chairman of Yell Group plc and of Sovereign Reversions plc and is an investor and entrepreneur. He is on the Advisory Board of the venture capital firm Bluegem LLP and is the European Financial Services Operating partner of the venture capital firm Advent International. Bob is the former chairman of Merrill Lynch EMEA (Europe, the Middle East and Africa). He held a number of management positions at Merrill Lynch, serving from 2003 to 2004 as chairman of EMEA Corporate Banking, global co-head of Telecom and Media Investment Banking in 2002, co-head of U.K. Investment Banking in 2001 and co-head of Corporate Broking in 2000. He was educated at Exeter School and the University of Bath. He is also a Fellow of the Institute of Chartered Accountants and of the Royal Society of Arts, Manufactures and Commerce.

• Peter Jones CBE

  Non-executive Deputy Chairman, aged 44

  

  Peter Jones is a well-known investor in many SME businesses. As well as steering and driving forward a fast-growing telecommunications business, Peter is involved in a number of additional business and media activities. In 2001, he was named as Emerging Entrepreneur of The Year by The Times/Ernst & Young and was listed 10th in Britain’s top entrepreneurs aged 40 and under by the Daily Telegraph in 2006. Peter was made a CBE in the 2009 New Year’s Honours for his work and contribution to business, enterprise and young people.

• Anthony Catterson

  Chief Executive Officer, aged 41

  

  Anthony Catterson joined eXpansys in January 2010 as Chief Executive Officer worldwide.
  
  Bringing with him significant experience and achievements across multi-channel Retail and Wireless channels, combined with a substantial knowledge of mass market Customer propositions, Catterson was previously Managing Director of the £1bn UK Retail Business of The Carphone Warehouse. Previously to this, Catterson held Managing Director posts at Micro Peripherals, Phones4U (where he turned around the Company to become the No2 in the UK market) and Office World. His earlier career saw him gain Operational experience with international Retailers such as Blockbuster Video and Marks and Spencer.

• Tim Eltze

  Chief Operating Officer, Acting Chief Financial Officer, Company Secretary, aged 38

  

  Tim joined eXpansys in May 2010 from Data Select Limited, one of the UK's leading distributors of mobile phones and accessories where he held the position of Chief Operating Officer. He had been with Data Select since February 2006 and oversaw substantial change and growth during this period. Prior to this, Tim was European Commercial Finance Director at Maritz, the US based global sales and marketing services business, with responsibility for financial, commercial and legal activities relating to all the company's European sales. Tim was Commercial Finance Manager and, latterly, Head of Finance for O2 UK from 2000 to 2004, where he was closely involved in delivering operational performance and enhanced shareholder returns for the company.

• Stephen Vincent, FCMA

  Non-executive Director, aged 39

  

  Following the recent investment by Virtual Phone Shop Stephen joined the Board of Expansys as an Non-executive Director. Stephen is the Finance Director of Phones International Group, whom he joined during its second year of operations in May 2000. He is either a Director or acts as an advisor to the vast array of other businesses in which Peter Jones has an investment. He is also a trustee of the Peter Jones Foundation

• Graham Dawber

  Non-executive Director, aged 61

  

  Graham joined Coopers & Lybrand in 1965, qualified as a Chartered Accountant in 1970 and was admitted to the partnership in 1980, following a two year secondment to the firm in Nigeria. He also worked with the firm in Switzerland, Belgium and Mexico. As a general practice partner he has significant experience in listed company flotations, acquisition and disposal assignments and his client portfolio included listed companies and other organisations demanding effective and comprehensive corporate governance arrangements. Graham retired from PricewaterhouseCoopers in 2005 and since then has been appointed a Governor of Manchester Metropolitan University and Chairman of its Audit Committee and Chairman of the Risk and Audit Committee of Her Majesty's Courts Service.

The Board and its Committees

The Board meets monthly and has a formal schedule of matters which are reserved for its decision. These include strategic planning, business acquisitions and disposals, authorisation of major capital expenditure and material contractual arrangements. It undertakes regular monitoring of financial results together with comparison of these against expectations. Other matters are delegated to the executive members of the board, supported by policies for reporting to the board. Board and Committee papers are circulated in advance of each meeting so that all directors are fully briefed and provided with the information they need. All directors may take independent professional advice in furtherance of their duties at the Company’s expense. The Board formulates, reviews and approves eXpansys’ strategy, budget and major items of expenditure, as well as considering employee issues, key appointments and reporting to shareholders. It undertakes regular monitoring of key performance indicators and financial results together with comparison of these against expectations. The Company has adopted a model code for dealings in its ordinary shares for directors and senior employees which is appropriate for an AIM quoted company.

Audit Committee

The Audit Committee, which is chaired by Graham Dawber, comprises the Non Executive Directors, with Executive Directors attending by invitation. The Board is satisfied that there is recent and relevant financial experience within the committee members. The Audit Committee expects to meet not less than twice annually. The Audit Committee is responsible for reviewing a wide range of financial matters including the half year and annual reports and financial statements before their submission to the Board, and monitoring the quality of internal financial controls and ensuring that the financial performance for the Group is properly measured and reported on. The Audit Committee advises the Board on the appointment of external advisors and on their remuneration both for audit and non-audit work, and discusses the nature and scope of the audit with the external auditors. It has unrestricted access to the Group’s auditors and ensures that auditor independence has not been compromised

Remuneration Committee

The Remuneration Committee is chaired by Graham Dawber and consists of the Non Executive Directors, with the Chief Executive Officer attending by invitation. It is responsible for determining the contract terms, remuneration and other benefits for Executive Directors, including the performance related bonuses. The Remuneration Committee expects to meet not less than twice annually. The remuneration of the Non Executive Directors is reviewed by the Board.